Currently the registration fee is free. To register, please visit https://www.trusple.com/. The same transaction fees are applicable as per each transaction initiated on OCBC Velocity.
Simplifying cross-border trade with China
Seamless cross-border trading for SMEs through a collaboration between OCBC and Trusple, powered by Ant Group.
SMEs can now trade securely among global partners with improved transparency, reducing delays in shipments and payments. Powered by Ant Group, Trusple is a blockchain-enabled platform that allows buyers and sellers in Singapore and China to trade between one another easily.
With this OCBC collaboration, SMEs can trade with verified suppliers and make secure payments via Trusple.
You will need to have an OCBC Business Account and be registered on OCBC Velocity.
Don’t have OCBC Velocity?
Apply for OCBC Velocity to perform your first trade finance transaction and manage your trade finance portfolio on the go.
New to OCBC?
Open your business account online instantly.
All views or information expressed or provided herein are for information and/or discussion purposes only, and do not constitute advice from OCBC Bank. Such views or information do not take into account the specific objectives or needs of any particular person. Before making any decision, please seek independent advice from professional advisors.
No representation or warranty whatsoever (including without limitation any representation or warranty as to accuracy, usefulness, adequacy, timeliness or completeness) in respect of any information provided herein is given by OCBC Bank and it should not be relied upon as such. OCBC Bank does not undertake an obligation to update any information or to correct any inaccuracy that may become apparent at a later time. OCBC Bank shall not be responsible or liable for any loss or damage whatsoever arising directly or indirectly howsoever in connection with or as a result of any person acting on any view or information provided.
Autopay is an automatic way to make cross-border payments to suppliers based on the pre-agreed payment conditions between the buyer and supplier on Trusple platform.
Customers can contact our Business Banking Service Managers at +65 6538 1111. Our hotline is open from Mondays to Fridays, between 8am and 8pm. For Trusple related issues, customers should contact Trusple instead.
No, but your seller has to be a registered user on Trusple.